As a new step in the cooperation established last year with Iniciál Group, having 25 years of experiences in car trade, AutoWallis acquires 40% stake of Iniciál Autóház Ltd., the dominant car dealer in West Hungarian region, engaged in selling and servicing seven car brands. According to the agreement, AutoWallis Plc. will acquire 40% stake […]

Hungarian police plan to buy sixty new medium-category cars and fifty motorcycles to escort diplomatic convoys during Hungary's EU presidency in the first half of 2011, national daily Népszabadság said on Tuesday.